6847 San Marino DrTheodoreAL36582
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6847 San Marino Dr, Theodore, AL, 36582 in Theodore: $1,230/mo in rent, $527/mo net, 11.86% gross yield, all on a $124,500 acquisition. The 2.20 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $34,397 in value, and $1,147/yr in principal paydown steadily builds equity. Projected total cumulative return: $80,855.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.0% |
| Monthly Cash Flow | $527 | $400 |
City averages based on Theodore market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,230 |
| Total Monthly Debt Service | $653 |
| DSCR Ratio | 1.88x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36582, Theodore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,923 (100%) |
| Owner Occupied HU | 7,176 (65.7%) |
| Renter Occupied HU | 2,760 (25.3%) |
| Vacant Housing Units | 987 ( 9.0%) |
| Median Home Value | $209,041 |
| Average Home Value | $263,197 |
Housing Distribution
Address Breakdown
Residential
10,138
Single Family
9,381
Multi-Family
757
Businesses
692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36582, Theodore, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,923 (100%) |
| Owner Occupied HU | 7,176 (65.7%) |
| Renter Occupied HU | 2,760 (25.3%) |
| Vacant Housing Units | 987 ( 9.0%) |
| Median Home Value | $209,041 |
| Average Home Value | $263,197 |
Housing Distribution
Address Breakdown
Residential
10,138
Single Family
9,381
Multi-Family
757
Businesses
692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices